Lufthansa to outsource IT services to IBM in restructuring move

Deutsche Lufthansa is realigning its IT activities and will enter into a seven-year partnership with IBM, which it expects will reduce its IT infrastructure costs by at least €70 million ($89.4 million) per year.
The IT group is also expected to take over the Infrastructure division of the current Lufthansa Systems.
Lufthansa said it will incur €240 million in one-time charges due to restructuring and effects from the purchase price in the financial year 2014. The impact ...

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